By Edward McAllister
NEW YORK
(Reuters) - As politicians debate the dangers of a massive increase in
oil carried by rail in North America, railroads and energy producers are
considering the same for natural gas.
Buoyed by the unexpected success of crude by rail, companies are
beginning to consider transporting natural gas as remote drilling
frontiers emerge beyond the reach of pipelines, executives said.
Natural gas by rail is years away and likely to face strong public
resistance after a series of explosive crude-by-rail accidents. But the
potentially multibillion-dollar development could connect gas-rich
regions like North Dakota with urban centers, presenting an opportunity
for railroads, drillers and tank car makers already cashing in from
hauling oil on trains.
It could also be a cure for environmentally unfriendly flaring, a growing problem......continued here
No comments:
Post a Comment